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IPO · MSP

Datto Holding Corp.

Formerly MERRITT TOPCO, INC.

Datto Holding Corp. (MSP) priced its initial public offering on Oct 22, 2020 at $27.00 per share, within its $24.00–$27.00 range, raising $594M, and listed on NYSE. At the IPO price its market capitalization was about $4.25B. Kirkland & Ellis advised the company and Cooley advised the underwriters.

Datto Holding Corp. provides cloud-based software and technology solutions built for sale through managed service providers to small and medium businesses. Its platform supports 17,000 MSP partners with security and business software, marketing tools, content, training and events.

Status
IPO
Ticker
MSP
Exchange
NYSE
Priced
Oct 22, 2020
IPO price
$27.00
Price range
$24.00–$27.00
Raised
$594M
Market cap at IPO price
$4.25B
First filed
Sep 29, 2020
Company counsel
Kirkland & Ellis
Underwriters' counsel
Cooley
Sector
Technology
Country / state
CT

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.

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Filings

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